Pidilite fined ₹46.98 Lakhs by CGST Indore

Pidilite Industries Ltd has received an Order in Original dated June 30, 2026, from the Assistant Commissioner of CGST & C. Ex. Division-III, Indore, Madhya Pradesh. The order imposes a penalty of ₹46,98,047/- under the Central Goods and Services Tax Act for the financial years 2020-21 to 2022-23. The company is reviewing the order and evaluating its options, including an appeal to the highest authority. Pidilite states there is no material impact on its financials, operations, or other activities. The company will host this information on its website.